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4235-4239 E 12 Mile Rd
Warren, MI 48092
Arbor Shopping Plaza · Retail Property For Sale
Investment Highlights
- 100% Occupied CVS Anchored Retail ShoppingCenter – 31+YR Operating History for CVS at Subject Site
- Parking Lot and Roof Fully Replaced in 2018 – Parking Lot Reseal/Restripe Scheduled for June 2023
- Strategically Positioned on Heavily Trafficked RetailThoroughfare - Combined Traffic Counts on 12 Mile Rd and Ryan Rd Exceed 50,900+ VPD
- Minimal Landlord Responsibilities (Roof & Structure) –Tenants Fully Reimburse for CAM
- Very Well Maintained & Managed Asset - CVSPharmacy - S&P Credit Rating "BBB"
- Densely Insulated Macomb County Location -152,389+ People Reside within a 5 Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
34,100 SF
Building Class
C
Year Built
1995
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.75 AC
Zoning
C-1 - Local Business
Parking
120 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 12-13-08-351-041 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,144,610 |
Property Taxes
Parcel Number
12-13-08-351-041
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,144,610
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